General Electric (GE) announced plans to invest US$ 30 million and add more than 150 jobs in U.S., expanding capacity of GE Lighting’s domestic manufacturing operations to meet growing consumer demand for GE energy-efficient soft ...
Tags: Bulb Production, Lighting
Lighting manufacturer OSRAM (Munich/Germany) and electronics manufacturer Sharp Corp. (Osaka/Japan) have entered into a comprehensive agreement about the cross licensing of patents. The agreement comprises patents of both companies’ ...
Tags: OSRAM, Sharp Corporation
GE Lighting has entered a joint-development agreement with Cooledge Lighting Inc. to develop a customized GE Lightech™ LED driver as a key component in Cooledge's first full range of LED light sheet solutions for fixture companies, ...
Tags: GE Lighting, LED Light Sheets
Former Chinese commodities trader Jerry Ren, who is quietly building a mining empire in the Australian outback, scoffs at talk the resources boom is over. For him its just moved north. As some mining firms clock up billions of dollars in ...
Tags: Mining Boom, Chemicals
Canada-based Maple Leaf Foods has entered into an agreement to sell Rothsay, its rendering and biodiesel business, to Darling International of Irving, Texas, for C645m ($614.11m). This move is a part of the Maple Leaf Foods' plan to focus ...
Tags: Maple Leaf Foods, Food
SurePure has entered into an agreement with Milk Independent of Stellenbosch, South Africa, for the distribution of its photopurification technology in the dairy sector across sub-Saharan Africa. This announcement comes after the approval ...
Mentors International has inked an agreement with Co-Diagnostics HBDC to reduce the cost of polymerase chain reaction (PCR) test in developing world. Pursuant to the terms of agreement, Mentors International will use its international ...
Tags: PCR Test, Mentors International
Netherlands-based financial conglomerate ING has inked an agreement with Seoul-based private equity firm MBK Partners, to divest its South Korean insurance business, in a transaction valued at nearly KRW1.84trn (€1.24bn). Following ...
Tags: Insurance, MBK Partners
A U.S. judge has put a stamp of approval on a US$20 million fund for Facebook to settle a class-action advertising suit, despite objections from groups representing minors on the site. The ruling was issued Monday in the U.S. District ...
Tags: Computer Products, webservice, software
Samsung Electronics claims that Ericsson demanded billions more for patent licenses after their license agreement expired in 2007. The company made its claim in a document filed with the U.S. International Trade Commission (ITC) on ...
Tags: Samsung, Ericsson, Patent Licenses, Computer Products
Marks & Spencer (M&S) opens its latest concept store in Al Ghurair Mall, its 7th in Dubai and 12th in the UAE. The new store is over 950 square meters in size and located at the ground floor of the popular shopping centre. Women looking for ...
Tags: Marks&Spencer, store
Goodyear Tire & Rubber Co. says the four-year master labor contract ratified by members of the United Steelworkers union on August 22, 2013, meets the goals established prior to the negotiations. It also helps the company continue its ...
Tags: Tire, Auto Parts
Last Friday, Qualcomm Inc. announced that it has signed a definitive agreement to sell Omnitracs to Vista Equity Partners to the tune of $800 million in cash. It's a big price tag for a telematics solution and, if anything, signals that ...
Tags: Telematic, Transportation, Auto Parts
The Peugeot 408 small sedan may be arriving locally, with importer Sime Darby confirming the car is currently in Australia being tested in customer and dealer clinics. “We’ve been asked if we would consider the 408 for the ...
Tags: Peugeot 408, Small Sedan
Workers at transport company Toll have voted convincingly in support of protected industrial action, according to the Transport Workers Union (TWU). The result, announced by the Australian Electoral Commission, means that workers at Toll ...
Tags: Logistics